Jio, the telecom arm of India's most valued company Reliance Industries (RIL), recently said it was spinning off tower and fibre into two separate entities, as part of an anticipated de-leveraging exercise. RIL is keen on retiring and refinancing a chunk of its Rs 3 lakh crore, or $40 billion, debt mostly soaked up to finance Jio's disruptive roll-out.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com http://bit.ly/2Dipylx
Thursday, February 7, 2019
Brookfield eyeing Jio’s infra assets in mega deal
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